Buying A Hotel
We appreciate that Buying a Hotel is an important decision, probably one of the biggest you will ever make, and it is vital therefore when you buy a hotel, that it is the right one for you.
At Smith & Clough, we aim to make the process of Buying a Hotel as straightforward and stress free as possible. We can advise and guide you from start to finish when Buying a Hotel, with the ultimate goal of finding the perfect hotel for you.
Buying a Hotel Process:
- Buying a Hotel - Business Search
Use our business search function to view all the available hotels we currently have for sale on the open market. By registering on our website you will be able to access the full sales details of all our current hotels for sale.
- Buying a Hotel - Acquisition
At Smith & Clough we can also offer an acquisition service, whereby we can act on behalf of a buyer in order to help them find and buy a business, which is possibly not even on the market, and endeavour to facilitate a sale on your behalf and negotiate the best possible price for you when Buying a Hotel.
- Buying a Hotel – Viewing
Once you have identified a hotel that is of interest, the next step is to arrange a formal viewing. Contact us and we will arrange the viewing at a mutually convenient time for both yourself and the vendor. No direct approaches should be made to any business.
- Buying a Hotel – Accounts / Other Information
Once you have viewed the hotel, we can provide you with all the business documentation we have available such as accounts and any other relevant information, in order to help you arrive at your decision to buy a hotel.
- Buying a Hotel – Offer
If you decide to make an offer on a hotel, then we will communicate your offer to our client, handling all negotiations and keeping you updated throughout the process. If you do not already have a solicitor or if you require any funding then we are happy to recommend a solicitor or mortgage broker.
- Buying a Hotel – Deal Completion
Once your offer has been accepted, Smith & Clough will keep on top of the deal from start to finish, communicating with all parties and solicitors, to ensure the legal process is as timely and straightforward as possible to help you achieve your ultimate goal of Buying a Hotel.